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$600,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • Updated 1 day ago
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Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.

Full Property Details for 8314 S Paulina St

General

  • Price: $600,000
  • Taxes: $5,418 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12760475
  • Updated: 9/19/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 5

Bedrooms

  • Total Bedrooms: 11

Additional Information

  • Other Features: Commuter Bus, Interstate Access

Parking

  • Total Spaces: 4
  • Parking Features: Off-Alley, Yes

Location

  • Area: CHI - Auburn Gresham
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Take Ashland Ave. to 83rd St, West to Paulina St., South to property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Year Built: 1926
  • Built Before 1978: Yes
  • Remodeled/Updated: 2024

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 124

Financial Considerations

  • Assessment Year: 1926
  • Tax Amount: $5,418
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 20314040230000

Listed by Jason Mitchell Real Estate IL

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— 8314 S Paulina St —

  • Jason Mitchell Real Estate IL

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8314 S Paulina St

School District:Chicago Public School District 299
NameGradesDistance
Foster Park Elementary School
8530 South Wood Street, Chicago, IL 60620
PK-80.3 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8314 S Paulina St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$600,000
31.04%
MLS
7/31/2024
Sold
$457,875
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8314 S Paulina St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,997
—
$26,000
-4%
2023
$4,997
11%
$27,000
—
2022
$4,498
-17%
$27,000
—
2021
$5,429
161%
$27,000
81%
2020
$2,083
-39%
$14,933
-12%
2019
$3,410
2%
$16,970
—
2018
$3,352
-7%
$16,970
-25%
2017
$3,586
-12%
$22,735
—
2016
$4,053
10%
$22,735
—
2015
$3,685
13%
$22,735
13%
2014
$3,248
2%
$20,072
—
2013
$3,172
1%
$20,072
—
2012
$3,154
—
$20,072
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8314 S Paulina Street, Chicago, IL 60620 (MLS# 12760475) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 8314 S Paulina Street is currently listed for $600,000 and was received on September 17, 2026. Want to learn more about 8314 S Paulina Street? Do you have questions about finding other Multi-Family real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

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